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Pantages Capital shareholders approve extension of SPAC deadline to June 6, 2027 via monthly $60,000 trust deposits
PGACPANTAGES Capital ACQUISITION Corp
Pantages Capital Acquisition Corporation shareholders approved two proposals at an extraordinary general meeting on June 3, 2026, to extend the deadline for completing an initial business combination. The approved amendments allow the company to extend the termination date from June 6, 2026, to June 6, 2027, via up to twelve one-month extensions. To facilitate these extensions, the company will deposit $0.033 per remaining public share into the trust account, capped at $60,000 per month. As of the May 20, 2026 record date, 11,025,500 ordinary shares were outstanding. The company is a special purpose acquisition company (SPAC) focused on identifying and consummating a business combination.